May 13, 2020 / 5:11 AM / 14 days ago

BRIEF-Ambea Q1 EBIT Up At SEK 144 Mln

May 13 (Reuters) - Ambea AB (publ):

* AMBEA’S INTERIM REPORT JANUARY-MARCH 2020

* Q1 NET SALES ROSE 12 PER CENT TO SEK 2,811 MILLION (2,516)

* Q1 OPERATING PROFIT (EBIT) INCREASED TO SEK 144 MILLION (62)

* Q1 PROFIT FOR PERIOD WAS SEK 62 MILLION (9)

* AMBEA ASSESSES THAT NET SALES AND EBITA WERE IMPACTED TO A LIMITED EXTENT BY COVID-19 DURING QUARTER

* BOARD OF AMBEA HAS DECIDED TO WITHDRAW ITS PROPOSAL TO AGM FOR A DIVIDEND PAYMENT Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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